Essentials of Money, Banking and Financial Institutions builds on the essential concepts of money and banking and applies them in the context of developing countries. Frequent comparisons between developed and developing countries are made to enable students to make proper inferences about the...

This study investigated the directional linkages among net foreign portfolio investment volatility, financial deepening and capital market performance in low-income Southern African Development Community (SADC) countries employing a dynamic panel vector error correction model (P-VECM) on...

This paper examines the mainstream theories of "financial sustainability" and "financial development". It is suggested understanding "financial development" as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy...